Outcome of Board Meeting

Ref.No.- 23/2026-27 Date: 14th August, 2026 Stock Code :- BSE: 544622 NSE: KWIL ISIN: INE2KCE01013 BSE Limited National Stock Exchange of India Limited Department of Corporate Services, Exchange Plaza, 5th Floor, 2nd Floor, New Trading Wing, Plot No. C/1, G Block, Rotunda Building, P.J. Towers, Bandra – Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Sub: Outcome of the Board Meeting held on 14th August, 2026 Dear Sir/ Ma’am, This is further to our letter dated 10th August, 2026, intimating the date of Board Meeting for consideration and approval of Unaudited Financial Results of the Company for the quarter ended 30th June, 2026. Pursuant to Regulations 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of the Company, at its meeting held today i.e. 14th August, 2026, inter alia, based on the recommendation of Audit Committee, has considered and approved the Unaudited Financial Results of the Company for the quarter ended 30th June, 2026 and noted the limited review report issued by the Statutory Auditors of the Company on such Financial Results. Please find enclosed herewith a copy of such approved Unaudited Financial Results along with the Limited Review Report issued by the Statutory Auditors of the Company. The Board Meeting commenced at 04:33 P.M. (IST) and concluded at 06:34 P.M. (IST). Please take the above information on record. Thanking you. Yours sincerely, For Kwality Wall’s (India) Limited Anand Upadhyay Company Secretary & Compliance Officer Membership No: A23622 Encl.: As above Kwality Wall’s (India) Limited Registered Office: 13th Floor, Oberoi Commerz II, International Business Park, Oberoi Garden City, Goregaon East, Mumbai, Maharashtra, India, 400063 CIN - L10505MH2025PLC437886 | Website – www.kwalitywallsindia.com | Phone: 022 45747000 | Email - kwalitywalls.india@magnumicecream.com Walker Chandiok & Co LLP 42nd Floor, Building Commerz III, International Business Park, Oberoi Garden City, Off Western Express Highway, Goregaon (East), Mumbai-400063 T +91 22 6626 2699 Independent Auditor’s Review Report on Unaudited Quarterly Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Kwality Wall’s (India) Limited 1. We have reviewed the accompanying statement of unaudited financial results (‘the Statement’) of Kwality Wall’s (India) Limited (‘the Company’) for the quarter ended 30 June 2026, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (‘Listing Regulations’). Attention is drawn to the fact that the figures for the corresponding quarter ended 30 June 2025 have been approved by the Company’s Board of Directors but have not been subjected to audit or review. 2. The Statement, which is the responsibility of the Company’s management and approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting (‘Ind AS 34’), prescribed under Section 133 of the Companies Act, 2013 (‘the Act’), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Page 1 of 2 Chartered Accountants Walker Chandiok & Co LLP is registered with limited liability with identification number AAC- Offices in Ahmedabad, Bengaluru, Bhubaneswar, Chandigarh, Chennai, Dehradun, Goa, Gurugram, Guwahati, Hyderabad, Indore, 2085 and has its registered office at L-41, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune Connaught Circus, Outer Circle, New Delhi, 110001, India Kwality Wall’s (India) Limited Independent Auditor’s Review Report on Unaudited Quarterly Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) 4. Based on our review conducted as above nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 Rohan Jain Partner Membership No.139536 UDIN: 26139536ZIGUUR8643 Place: Mapusa, Goa Date: 14 August 2026 Page 2 of 2 Chartered Accountants Walker Chandiok & Co LLP is registered with limited liability with identification number AAC- Offices in Ahmedabad, Bengaluru, Bhubaneswar, Chandigarh, Chennai, Dehradun, Goa, Gurugram, Guwahati, Hyderabad, Indore, 2085 and has its registered office at L-41, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune Connaught Circus, Outer Circle, New Delhi, 110001, India STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2026 (Rs. in millions) Quarter ended Quarter ended Quarter ended For the period from 30th June 2026 31st March 2026 30th June 2025 10th January 2025 to Particulars 31st March 2026 Unaudited Audited Unaudited (Refer Note 2) (Refer Note 3) (Refer Note 4) Revenue from operations Sale of products 8,678 4,746 7,440 2 2,003 Other operating revenue 105 112 131 450 Other income 15 2 - 3 TOTAL INCOME 8,798 4,860 7,571 2 2,456 EXPENSES Cost of materials consumed 1,797 2,174 2,021 7,898 Purchases of stock-in-trade 1,611 1,323 1,773 5,651 Changes in inventories of finished goods, work-in-progress and stock-in-trade 1,314 (783) 338 (1,514) Employee benefits expense 573 510 367 1,855 Finance costs 104 91 54 297 Depreciation and amortisation expense 403 382 346 1,723 Other expenses 2,454 2,418 2,296 9,662 TOTAL EXPENSES 8,256 6,115 7,195 2 5,572 Profit / (Loss) before exceptional items and tax 542 (1,255) 376 (3,116) Exceptional items (Refer Note 5) 135 (177) - (1,139) Profit / (Loss) before tax 677 (1,432) 376 (4,255) Tax credit / (expense) Current tax - - - - Deferred tax (170) 361 - 567 PROFIT / (LOSS) FOR THE QUARTER / PERIOD (A) 507 (1,071) 376 (3,688) OTHER COMPREHENSIVE INCOME Items that will not be reclassified to profit or loss Remeasurements of the net defined benefit plans - 64 - 64 Tax on above - (16) - (16) OTHER COMPREHENSIVE INCOME FOR THE QUARTER / PERIOD (B) - 48 - 48 TOTAL COMPREHENSIVE INCOME / (LOSS) FOR THE QUARTER / PERIOD 507 (1,023) 376 (3,640) (A+B) Paid up Equity Share Capital (Face value Re. 1 per share) 2,350 Other Equity 4,372 Earnings / (loss) per equity share (Face value of Re. 1 each) (not annualised for quarte [Showing first 8,000 characters — download PDF for full document]